G 
22.50
+3.02%
Close of 9 Nov 2026, in CNY
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥1.01bn
FY2016FY2025
Net income
−CN¥102.2m
FY2016FY2025
Free cash flow
−CN¥33.1m
FY2016FY2025
Shareholders' equity
CN¥1.25bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥1.01bn | CN¥1.05bn | CN¥740.0m | CN¥663.6m | CN¥237.4m | CN¥314.7m | CN¥268.5m | CN¥206.4m | CN¥106.6m | CN¥89.7m |
| Research and development | CN¥71.1m | CN¥83.1m | CN¥57.5m | CN¥45.7m | CN¥25.9m | CN¥13.6m | CN¥12.7m | CN¥9.2m | CN¥6.1m | CN¥5.9m |
| Operating income | −CN¥3.3m | CN¥16.0m | CN¥96.9m | CN¥175.0m | CN¥34.8m | CN¥115.3m | CN¥89.5m | CN¥68.2m | CN¥22.1m | CN¥13.6m |
| Net income | −CN¥102.2m | −CN¥49.1m | CN¥104.6m | CN¥150.0m | CN¥38.4m | CN¥100.5m | CN¥74.6m | CN¥53.0m | CN¥18.5m | CN¥8.3m |
| Diluted earnings per share | -0.36 | -0.17 | 0.33 | 0.50 | 0.13 | 0.36 | 0.37 | 0.19 | 0.07 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥4.90bn | CN¥4.98bn | CN¥4.36bn | CN¥3.12bn | CN¥2.33bn | CN¥1.69bn | CN¥775.1m | CN¥648.1m | CN¥401.2m | CN¥350.7m |
| Cash and short-term investments | — | CN¥419.0m | CN¥381.4m | CN¥157.6m | CN¥363.4m | CN¥667.9m | CN¥33.1m | CN¥45.2m | CN¥7.7m | CN¥26.4m |
| Total liabilities | CN¥3.40bn | CN¥3.36bn | CN¥2.65bn | CN¥1.27bn | CN¥656.8m | CN¥169.2m | CN¥214.7m | CN¥162.7m | CN¥127.1m | CN¥140.1m |
| Debt | CN¥1.53bn | CN¥1.99bn | CN¥1.71bn | CN¥873.1m | CN¥490.3m | CN¥36.9m | CN¥103.7m | CN¥56.0m | CN¥82.3m | CN¥88.7m |
| Shareholders' equity | CN¥1.25bn | CN¥1.43bn | CN¥1.52bn | CN¥1.59bn | CN¥1.53bn | CN¥1.52bn | CN¥560.4m | CN¥485.6m | CN¥274.2m | CN¥210.7m |
| Shares outstanding | 282m | 293m | 320m | 300m | 303m | 283m | 201m | 282m | 282m | 124m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥165.8m | CN¥81.9m | CN¥177.6m | CN¥109.9m | −CN¥36.4m | −CN¥23.4m | −CN¥7.7m | −CN¥9.5m | CN¥12.8m | CN¥14.7m |
| Capital spending | −CN¥198.9m | −CN¥400.1m | −CN¥825.5m | −CN¥703.7m | −CN¥379.7m | −CN¥159.3m | −CN¥26.4m | −CN¥87.1m | −CN¥37.8m | −CN¥78.9m |
| Free cash flow | −CN¥33.1m | −CN¥318.2m | −CN¥647.9m | −CN¥593.7m | −CN¥416.1m | −CN¥182.7m | −CN¥34.1m | −CN¥96.7m | −CN¥24.9m | −CN¥64.2m |
| Dividends paid | −CN¥62.7m | −CN¥73.2m | −CN¥80.7m | −CN¥25.1m | −CN¥21.0m | −CN¥8.1m | −CN¥5.8m | −CN¥2.6m | −CN¥3.7m | −CN¥3.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥405.6m | CN¥239.6m | CN¥236.3m | CN¥200.0m | CN¥311.2m | CN¥265.7m | CN¥385.2m | CN¥207.4m |
| Operating income | CN¥31.0m | CN¥25.7m | −CN¥88.0m | −CN¥17.0m | CN¥9.7m | CN¥47.2m | −CN¥98.7m | CN¥17.1m |
| Net income | CN¥7.1m | CN¥10.5m | −CN¥119.6m | −CN¥38.5m | CN¥9.9m | CN¥45.9m | −CN¥100.4m | CN¥10.5m |
| Diluted earnings per share | 0.03 | 0.04 | -0.42 | -0.14 | 0.04 | 0.16 | -0.34 | 0.04 |
| Cash from operations | — | — | — | −CN¥23.0m | CN¥103.0m | −CN¥129.0m | — | CN¥2.0m |
| Capital spending | −CN¥10.0m | −CN¥32.0m | −CN¥9.0m | −CN¥44.0m | −CN¥91.0m | −CN¥54.0m | −CN¥88.0m | −CN¥104.0m |
| Free cash flow | — | — | — | −CN¥67.0m | CN¥12.0m | −CN¥183.0m | — | −CN¥102.0m |
| Total assets | CN¥5.23bn | CN¥5.19bn | CN¥4.90bn | CN¥5.05bn | CN¥5.31bn | CN¥4.94bn | CN¥4.98bn | CN¥4.91bn |
| Cash and short-term investments | — | — | — | CN¥117.4m | CN¥460.5m | CN¥179.5m | CN¥419.0m | CN¥240.3m |
| Debt | CN¥1.05bn | CN¥995.3m | CN¥1.53bn | CN¥981.6m | CN¥2.01bn | CN¥1.82bn | CN¥1.94bn | CN¥1.92bn |
| Shareholders' equity | CN¥1.94bn | CN¥1.94bn | CN¥1.25bn | CN¥1.37bn | CN¥1.41bn | CN¥1.36bn | CN¥1.43bn | CN¥1.54bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.0% | 24.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -107.6 | -131.2 | 62.9 | 47.9 | 226.1 | 106.2 |
| Price to sales | 12.1 | 6.7 | 9.7 | 11.3 | 37.5 | 34.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 25 Jun 2024.
| FY2024 | FY2023 | FY2021 | |
|---|---|---|---|
| Paid in the year | 0.10 | 0.167 | 0.083 |
- 6-for-5 split · 25 Jun 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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